Be on the lookout for significant price movements on the last day of the month

Be on the lookout for significant price movements on the last day of the month

30.09.2021

Yesterday, two of the three major U.S. stock indices rose, resulting in a market environment characterized by rising stock prices, falling interest rates, and higher oil prices. WTI crude oil has climbed back up to $75.10. Gold has rebounded to $1,733. Market anxiety appeared to ease temporarily due to a brief decline in U.S. long-term bond yields.

In the foreign exchange market, the New Zealand dollar has become the weakest currency, while the AUD/NZD pair has been rising for four consecutive days. Yesterday alone, it climbed from 1.039 to 1.046. On the daily chart, it has firmly broken above the 20-day moving average, and we should keep a close eye on the possibility of it rising toward the 20-day moving average on the weekly chart, which is around 1.052.

Today, during Asian trading hours, the UK’s second-quarter GDP (final reading) will be released at 15:00, followed by France’s Consumer Price Index (flash estimate) at 15:45. During European trading hours, Switzerland’s KOF Leading Index and Turkey’s trade balance will be released at 16:00, followed by remarks from Bank of Japan Governor Kuroda at 16:10 and Germany’sunemployment rate, at 21:00 Germany’s Consumer Price Index, at 21:30 U.S. time U.S. Initial Jobless Claims, at 22:45 U.S. Chicago PMI, at 23:00 U.S. remarks by Williams, President of the New York Fed, at 23:30 U.S. weekly natural gas inventories, at 24:00 U.S. remarks by Bostic,Remarks by Bostic, President of the Atlanta Fed; 12:30 AM: Remarks by Harker, President of the Philadelphia Fed; 1:30 AM: Remarks by Evans, President of the Chicago Fed; 2:05 AM: Remarks by Bullard, President of the St. Louis Fed; 3:30 AM: Remarks by Daly, President of the San Francisco Fed.I intend to carefully monitor how currency strength shifts in response to price movements driven by the end of the month and the final day of the quarter.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed